$6 Million Accord In Cbs Holder Suit

January 04, 1990

A federal judge approved a $6 million settlement of a lawsuit filed by a CBS shareholder who claimed the company that owns the CBS television network was mismanaged from 1983 to 1986. The lawsuit was brought in 1986 by Roger Minkoff, a real estate investor from St. Croix, Virgin Islands, who owns 12 CBS shares.